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Saudi Hollandi eyes 20pc capital hikeSaudi Hollandi Bank, partly owned by the Royal Bank of Scotland, will ask shareholders to approve a capital increase through bonus shares to help support the bank's growth, it said in a regulatory filing yesterday. The 20-per cent increase More… |
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RJ sees 8pc increase in October revenueRoyal Jordanian has progressed in October in terms of number of passengers, frequency and flying hours, resulting in an 8 percent increase in revenues, compared to the same month last year, CEO Hussein Dabbas said. Noticing all the compan More… |
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Bahrain’s online sales hit $175mOnline consumer sales in Bahrain exceeded BD66.15 million ($175 million) last year, according to a new report. This follows an impressive 800 percent increase in internet users since 2000, meaning 55 out of every 100 Bahrainis are now onli More… |
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Abu Dhabi hotels guests up 14pcThe number of guests staying in Abu Dhabi’s hotels rose 14 per cent in the first nine months compared to the same period last, according to figures released by Abu Dhabi Tourism Authority (ADTA). To date some 1,514,587 guests have stayed i More… |
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Gulf witnesses increased Sukuk activityWith economic activity once again on the rise in the GCC economies, more and more investments and fund-raising are being done through sukuk (Islamic bond) issuance, according to experts at a key banking summit in Bahrain. The Isl More… |
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Gulf witnesses increased Sukuk activityWith economic activity once again on the rise in the GCC economies, more and more investments and fund-raising are being done through sukuk (Islamic bond) issuance, according to experts at a key banking summit in Bahrain. The Isl More… |
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Intel posts $2.3bn Q4 profit, trounces forecastsIntel Corp, the world's largest microchip maker, crushed Wall Street forecasts with a 875 per cent jump (almost a nine-fold increase) in 2009 fourth quarter net income which hit $2.3 billion when compared to $234 million the previous year More… |
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Saudi sees steel production up 50pc by 2012Saudi Arabia's domestic steel production capacity will rise by at least 50 per cent within the next three years, a senior government official said on Monday. Saudi Arabia's steel production capacity stands at about 8.4 million tonn More… |
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DuPont TiO2 products to get costlierDuPont Titanium Technologies (DTT), has announced plans to hike the price of all DuPont(TM) Ti-Pure(R) titanium dioxide (TiO2) grades sold in Europe, Middle East, and Africa regions starting from October 1. DuPont Titanium Technologie More… |
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Abu Dhabi air passenger traffic up 12pcThe Abu Dhabi International Airport said the number of passengers travelling to, from, and through the airport soared to 787,000 for the month of April, up 12 per cent when compared to the same month the previous year. Releasing the traffi More… |
